Sale fell through, Glen Taylor remains owner

[Lipoli390]

I saw this report:

Lore and Rodriguez disputed Taylor’s claim to ownership, and they believe they should — and will — become majority owners, per Jon Krawczynski of The Athletic.

“We are disappointed with Glen Taylor’s public statement today. We have fulfilled our obligations, have all necessary funding and are fully committed to closing our purchase of the team as soon as the NBA completes its approval process.

“Glen Taylor’s statement is an unfortunate case of seller’s remorse that is short sighted and disruptive to the team and the fans during a historic winning season.”

Obviously, I don’t know the details but I have a feeling Glen is on pretty thin legal ice here.

[kekgeek]

Arod and Lore won public opinion today. The destroyed Glen in their podcast with Dane Moore. What a interesting time to be a wolves fan!

[60WinTim]

I’m glad this mess did not have an effect on the players last night. It is just deflating to read about all this crap. So, I plan on ignoring this story until there is some resolution. I am not going to let it detract from what has been such an amazing season!

[Carlos Danger]

I’m glad this mess did not have an effect on the players last night. It is just deflating to read about all this crap. So, I plan on ignoring this story until there is some resolution. I am not going to let it detract from what has been such an amazing season!

I completely agree. I honestly expected a defeat last night as they had every excuse available (#1 seed, on the road and ownership mess). But hats off to Finch for keeping everyone on task. It looks like one of their better games. Sometimes this crap can actually energize the team (think of the movie Major League!).

[Q-is-here]

Arod and Lore won public opinion today. The destroyed Glen in their podcast with Dane Moore. What a interesting time to be a wolves fan!

Yeah, I finally had a chance to watch the podcast. It's a pretty devastating case against Glen's position on this. ARod still comes off as a guy I can't completely trust, but Lore definitely comes across as honest and sincere (doesn't mean he is, but that was just my visceral reaction). He seemed genuinely incredulous at the turn of events and feels there is zero legal justification.

[kekgeek]

Arod and Lore won public opinion today. The destroyed Glen in their podcast with Dane Moore. What a interesting time to be a wolves fan!

Yeah, I finally had a chance to watch the podcast. It's a pretty devastating case against Glen's position on this. ARod still comes off as a guy I can't completely trust, but Lore definitely comes across as honest and sincere (doesn't mean he is, but that was just my visceral reaction). He seemed genuinely incredulous at the turn of events and feels there is zero legal justification.

The part of Lore has never sued or been sued until Glen Taylor really increases their claim also

[Q-is-here]

Arod and Lore won public opinion today. The destroyed Glen in their podcast with Dane Moore. What a interesting time to be a wolves fan!

Yeah, I finally had a chance to watch the podcast. It's a pretty devastating case against Glen's position on this. ARod still comes off as a guy I can't completely trust, but Lore definitely comes across as honest and sincere (doesn't mean he is, but that was just my visceral reaction). He seemed genuinely incredulous at the turn of events and feels there is zero legal justification.

The part of Lore has never sued or been sued until Glen Taylor really increases their claim also

Yeah, I think sometimes we're made to think extremely wealthy folks are all sharks and schemers that pull every lever they have available to them to get a competitive edge without going to jail, so they are masters of navigating the legal system and constantly dealing with legal conflicts. And that is indeed the case with some of these folks (like Glen perhaps!). But Lore came off as genuinely shocked and disappointed, almost naïve (in a good way) in a sense.

[Lipoli390]

Yeah, I finally had a chance to watch the podcast. It's a pretty devastating case against Glen's position on this. ARod still comes off as a guy I can't completely trust, but Lore definitely comes across as honest and sincere (doesn't mean he is, but that was just my visceral reaction). He seemed genuinely incredulous at the turn of events and feels there is zero legal justification.

The part of Lore has never sued or been sued until Glen Taylor really increases their claim also

Yeah, I think sometimes we're made to think extremely wealthy folks are all sharks and schemers that pull every lever they have available to them to get a competitive edge without going to jail, so they are masters of navigating the legal system and constantly dealing with legal conflicts. And that is indeed the case with some of these folks (like Glen perhaps!). But Lore came off as genuinely shocked and disappointed, almost naïve (in a good way) in a sense.

Yes. Also, the fact that Lore has never sued or been sued in a long career of wheeling and dealing at a high level tells us that he and his legal team are very smart. The best lawyers are the ones who keep their clients out of trouble, not the ones who get them out of trouble. I’m pretty sure Lore and A-Rod are on very solid legal ground here.

https://x.com/dan4bowling/status/177379 ... 1SfRe3pBFA

[Coolbreeze44]

The part of Lore has never sued or been sued until Glen Taylor really increases their claim also

Yeah, I think sometimes we're made to think extremely wealthy folks are all sharks and schemers that pull every lever they have available to them to get a competitive edge without going to jail, so they are masters of navigating the legal system and constantly dealing with legal conflicts. And that is indeed the case with some of these folks (like Glen perhaps!). But Lore came off as genuinely shocked and disappointed, almost naïve (in a good way) in a sense.

Yes. Also, the fact that Lore has never sued or been sued in a long career of wheeling and dealing at a high level tells us that he and his legal team are very smart. The best lawyers are the ones who keep their clients out of trouble, not the ones who get them out of trouble. I’m pretty sure Lore and A-Rod are on very solid legal ground here.

https://x.com/dan4bowling/status/177379 ... 1SfRe3pBFA

It's great to have your perspective on this Lip

[FNG]

The part of Lore has never sued or been sued until Glen Taylor really increases their claim also

Yeah, I think sometimes we're made to think extremely wealthy folks are all sharks and schemers that pull every lever they have available to them to get a competitive edge without going to jail, so they are masters of navigating the legal system and constantly dealing with legal conflicts. And that is indeed the case with some of these folks (like Glen perhaps!). But Lore came off as genuinely shocked and disappointed, almost naïve (in a good way) in a sense.

Yes. Also, the fact that Lore has never sued or been sued in a long career of wheeling and dealing at a high level tells us that he and his legal team are very smart. The best lawyers are the ones who keep their clients out of trouble, not the ones who get them out of trouble. I’m pretty sure Lore and A-Rod are on very solid legal ground here.

https://x.com/dan4bowling/status/177379 ... 1SfRe3pBFA

Lip, thanks for your perspective. My first question if this: are you going to the Bulls game tomorrow, and will you lead the chorus of boos for Glen...if he shows?

I'm not happy with this result, and I agree that Lore was likely guided through this deal by top-notch lawyers. But what gnaws (NAW's?) at me is that Glen was too, so I suspect this will not be an easy case to decide. My honey (who you met in Vegas during summer league) was a deal lawyer for many years and is also not at all a Glen fan, but she informed me of some legal terms I had never heard of that could support Glen's position in this matter...basically some steps Lore's lawyers could have made that there is no evidence that they did. I think it's safe to assume that this is not going to be settled for a long time.

What surprises me though is this: Glen has always been concerned about his public image. As Lip has said, he has kind of a midwestern nice guy image that he has worked hard to maintain while becoming a billionaire. It seems to me that his position on this deal is going to damage his public image beyond repair. He will no longer be known as the brilliant businessman who kept the Wolves from moving to Seattle and provided thousands of jobs in the state. Instead he will be known as the slimy guy who pulled some legal strings to deny team control to 2 guys Wolves fans really wanted in charge. this may turn out very well financially for Glen, but at a painful personal cost. He may have survived his previous huge blunder...the Joe Smith debacle...but I don't think Minnesotans will ever forgive him for this...win or lose. I think there is a chance Glen reconsiders (maybe after the booing tomorrow) and issues a press release next week that he has reconsidered and is going through with the deal.